ALRC president to depart after five years
Attorney-General Mark Dreyfus has announced the departure of Justice Sarah Derrington as president of the Australian Law Reform Commission (ALRC).
Derrington began her position as ALRC president in 2018 and led the ALRC review into financial services legislation during her term.
She welcomed the appointment of Justice Mark Moshinsky as part-time commissioner and acting president, who was previously appointed as a judge of the Federal Court in 2015.
In search of a permanent replacement, the ALRC would conduct a merit-based recruitment process for the president position.
“It has been a privilege to hold the role and to have had the opportunity to build such an exceptional team around me,” Derrington said.
She added: “In particular, I would like to thank all contributors to ALRC Inquiries who willingly volunteer their time and expertise to the ALRC.”
Matt Corrigan, ALRC general counsel, commented: “Previous presidents of the ALRC have set the bar high in terms of academic rigour and leadership. Justice Derrington exceeded that bar as an innovative and collaborative leader who leaves a tremendous legacy after five years.”
The following financial reports were published during her term as president:
- Integrity, Fairness and Efficiency – An Inquiry into Class Action Proceedings and Third-Party Litigation Funders (ALRC Report 134);
- Corporate Criminal Responsibility (ALRC Report 136);
- Financial Services Legislation: Interim Report A (ALRC Report 137);
- Without Fear or Favour – Judicial Impartiality and the Law on Bias (ALRC Report 138); and
- Financial Services Legislation: Interim Report B (ALRC Report 139).
In 2023, the ALRC review would publish a third interim report to reframe Chapter 7 of the Corporations Act, as well as a final report by the end of the year.
AUTHOR
Jasmine Siljic
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
Add new comment